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Businesses for Sale | Sylvan Lake, Michigan

Discover business opportunities, in or around Sylvan Lake, with well-established brands, who are looking for people like you to help them grow.

As of the 2024 ACH Map Data, Sylvan Lake, located in The Great Lakes State had a total population of 1,690 people.

Top Franchise Opportunities in Sylvan Lake, Michigan on Franchise.com for 2025
Order Franchise Name Industry Name Available Capital
1Sports & Leisure$60,000
2Pet Franchises$90,000
3Business Services$50,000
4Financial Franchises$70,000
5Business Opportunities$30,000
6Food & Restaurant$25,000
7Business Opportunities$100,000
8Computer & Internet Franchises$10,000
9Cleaning Franchises$100,000
10Home Services & Repair Franchises$100,000

City Statistics and Other Information About Sylvan Lake

Demographics

From a total population of 1,690, Sylvan Lake has a median age of 52. The average age of males, in Sylvan Lake, is 51 while the average age of females is 53. When you compare the median age of men and women in Sylvan Lake, there is an average difference of 2.36 years.

Income

The median income of individuals, in Sylvan Lake, is $93,225 while the average household income is $98,019. In 2029, the average income per capita for Sylvan Lake is expected to be $93,225.

Additional Information

Oakland County

Is Sylvan Lake the Best Location for Franchise Opportunities and Growth?

What is the average income in Sylvan Lake?

The median household income in Sylvan Lake is $98,019, providing insight into the financial conditions of local residents and their ability to support businesses.

Is Sylvan Lake an affordable place to start a franchise?

With a median income of $98,019, Sylvan Lake presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.

How does Sylvan Lake's income compare to other locations?

The median income of $98,019 in Sylvan Lake is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.

Does Sylvan Lake have a stable workforce to support my business?

Absolutely! With 513 employed individuals, Sylvan Lake offers a solid labor force to support franchise growth.

Is Sylvan Lake a growing economy?

With a workforce of 513 and a median household income of $98,019, Sylvan Lake provides a stable economic environment for new business opportunities.

Does homeownership in Sylvan Lake indicate a stable market?

Homeownership rates at 695 show a strong local investment in the community, which benefits long-term franchise success.

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